BlackRock High Yield Bond Portfolio - Class R Shares
BlackRock High Yield Bond Portfolio - Class R Shares
Release Date
..............................................................................................................................................................................................................................................................................................0.3..-.3..1..-.2.1..................................
Category
High Yield Bond
Investment Objective & Strategy
From the investment's prospectus
The investment seeks to maximize total return, consistent with income generation and prudent investment management.
The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.
Volatility and Risk
Volatility as of 03-31-21 Investment
Low
Moderate
High
Category
Risk Measures as of 03-31-21
3 Yr Std Dev
3 Yr Beta
Port Avg Rel BC Aggr
9.79
2.75
0.61
.
Rel Cat
1.07
1.24
Principal Risks Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, High Portfolio Turnover, Market/Market Volatility, Bank Loans, Convertible Securities, Distressed Investments, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Other, Preferred Stocks, Repurchase Agreements, Restricted/Illiquid Securities, Derivatives, Leverage, FixedIncome Securities, Dollar Rolls, Management, Structured Products
Important Information Morningstar Investment Profiles must be accompanied by Morningstar Disclosure and Glossary.
Funds or their affiliates may pay compensation to Voya? affiliates offering a fund. Such compensation may be paid out of distribution, service and/or 12b-1 fees that are deducted from the fund's assets, and/or may be paid directly by the fund's affiliates. Any fees deducted from fund assets are discussed in the fund's prospectus and disclosed in the fund fact sheet. Because these fees are paid on an on-going basis, over time these fees will increase the cost of your investment and may cost you more than paying other types of sales charges. If offered through a retirement program, additional fees and expenses may be charged under that program. NOT A DEPOSIT. NOT FDIC INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE INSTITUTION. MAY GO DOWN IN VALUE.
High Med Low
Portfolio Analysis
Composition as of 02-28-21
% Assets
Morningstar Fixed Income Style BoxTM as of 12-31-20
U.S. Stocks
2.0
Avg Eff Duration
3.50
Non-U.S. Stocks
0.2
Avg Eff Maturity
8.32
Bonds
90.6
Cash
4.7
Other
2.5
Ltd Mod Ext
Top 10 Holdings as of 02-28-21
% Assets
BlackRock Liquidity T-Fund Instl
4.51
TransDigm, Inc. 6.25% 03-15-26
1.30
iShares Broad USD High Yield Corp Bd ETF
0.73
iShares iBoxx $ High Yield Corp Bd ETF
0.65
P..a..n...t.h..e..r..B...F...A..g..g..r..e..g..a..t.o..r..2....L..P.../..P..a..n..t.h....8....5..%....0..5..-..1..5..-.2..7..............0....6..2.
Altice France Holdings S A 10.5% 05-15-27
0.56
Allied Universal Holdco LLC / All 6.62% 07-15-26
0.53
Connect Finco SARL/Connect US
0.52
Fin 6.75% 10-01-26
Solera, LLC / Solera Finance, Inc 10.5% 03-01-24
0.48
Verscend Escrow Corp 9.75% 08-15-26
0.47
Morningstar F-I Sectors as of 02-28-21
/ Government > Corporate Securitized < Municipal fi Cash/Cash Equivalents ? Other
Credit Analysis: % Bonds as of 12-31-20
AAA
1 BB
AA
0B
A
0 Below B
BBB
8 Not Rated
% Fund
0.01 94.68 0.39 0.00 4.82 0.09
32 41 16 2
Operations Gross Prosp Exp Ratio Net Prosp Exp Ratio Management Fee 12b-1 Fee Other Fee Miscellaneous Fee(s) Fund Inception Date Total Fund Assets ($mil) Annual Turnover Ratio %
Fund Family Name
1.20% of fund assets 1.19% of fund assets 0.41% 0.50% 0.00% 0.29% 10-02-06 25,856.1 119.00 BlackRock
Waiver Data
Expense Ratio
Type
Exp. Date
%
Contractual
01-31-22 0.01
Portfolio Manager(s)
James Keenan, CFA. Since 2007.
Mitchell Garfin, CFA. Since 2009.
................................................................................................
Advisor
BlackRock Advisors LLC
Subadvisor
BlackRock International Limited
Notes As described in the "Management of the Funds" section of the Fund's prospectus beginning on page 68, BlackRock has contractually agreed to waive the management fee with respect to any portion of the Fund's assets estimated to be attributable to investments in other equity and fixed income mutual funds and exchange-traded funds managed by BlackRock or its affiliates that have a contractual management fee, through January 31, 2022. In addition, BlackRock has contractually agreed to waive its management fees by the amount of investment advisory fees the Fund pays to BlackRock indirectly through its investment in money market funds managed by BlackRock or its affiliates through January 31, 2022. The contractual agreements may be terminated upon 90 days' notice by a majority of the non-interested trustees of BlackRock Funds V (the "Trust") or by a vote of a majority of the outstanding voting securities of the Fund. The Total Annual Fund Operating Expenses do not correlate to the ratios of expenses to average net assets given in the Fund's most recent annual report, which do not include Acquired Fund Fees and Expenses. As described in the "Management of the Funds" section of the Fund's prospectus beginning on page 68, BlackRock has contractually agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements (excluding Dividend Expense, Interest Expense, Acquired Fund Fees and Expenses and certain other Fund expenses) to 1.28% (for Class R Shares) of average daily net assets through January 31, 2022. The contractual agreement may be terminated upon 90 days' notice by a majority of the non-interested trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Fund.
?2021 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at .
?
13.7282-121 (04/21) CN1028811_1221
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- vanguard high yield bond funds
- high yield dividend portfolio 2019
- vanguard high yield bond fund
- vanguard high yield bond portfolio
- best high yield bond funds 2019
- best high yield bond funds
- high yield bond benchmark
- best high yield bond etf
- high yield bond funds 2019
- high yield bond market size
- short high yield bond etf
- high yield bond etf list